Latest Business News

October 23, 2020

Standard Chartered Bank and BRAC partner for the continued empowerment and livelihood for adolescents

By George Mangula Standard Chartered has announced a donation of Shs 166.5 million to BRAC Uganda to support adolescents under the Goal project. The six-month project intervention will […]
October 19, 2020

Uganda’s position stays in same position in Absa Africa Financial Markets Index 2020

By George Mangula Uganda still came in the 10th position in the Absa Africa Financial Markets Index 2020, the same position the country attained in 2019, implying […]
October 12, 2020

Local government leaders urged to strengthen tax administration

By George Mangula Deputy Secretary to the Treasury Patrick Ocailap has told local government from Eastern Uganda to strengthen their revenue administration and collection measures to […]
October 12, 2020

Ugandans in urban areas experiencing food crisis due to COVID-19 pandemic

By Our Reporter Ugandans in nine urban areas were at Crisis levels of food insecurity or worse for months leading to August because of negative impacts […]
October 9, 2020

Consortium of global multilateral development banks calls for measures to support trade continuity in Sub-Saharan Africa

By George Mangula The Pulse check  report issued hours ago by a consortium of multilateral development banks and trade research institutions, recounts the views of sub-Saharan banks on multi-lateral development […]
October 7, 2020

Uganda’s annual coffee exports increase 19 percent

By George Mangula Uganda’s coffee exports increased by 19.13 percent for the 12 months (September 2019-August 20202) to amount to 5,216,608 60-kilo bags worth US$ 502.45 […]
October 1, 2020

Investing in youth is investing in the future and prosperity of coffee

By Our Reporter To fight against the devastating global impact of covid-19, on this October 1st for International Coffee Day, the International Coffee Organisation (ICO) is launching ‘Coffee’s […]
October 1, 2020

Standard Chartered Bank, Challenges Worldwide scale up the “Youth to Work” programme with an investment of Shs920m

By George Mangula Standard Chartered Bank Uganda in partnership with their NGO partner Challenges Worldwide have today launched the scale-up of the Youth to Work (Y2W) […]
September 29, 2020

The OPEC Fund approves US$20m for SMEs in East Africa

By George MangulaThe OPEC Fund for International Development (the OPEC Fund) has signed a US$20 million term loan in favor of East African Development Bank (EADB). […]
September 28, 2020

Unsecured loans push Interest rates up -BoU report says

By George Mangula Lending rates on Shilling denominated loans rose to 19.7 percent in the quarter to July 2020 from 18.2 percent in the quarter to April 2020, […]